Aidenboss7
Topic Author
Posts: 3
Joined: Tue Sep 17, 2019 12:54 am

What airlines will go bankrupt next? And why will they go bankrupt?

Wed Oct 09, 2019 7:27 pm

After the Fall of Thomas cook, what will fall next
 
ExpatVet
Posts: 108
Joined: Mon Sep 03, 2018 4:35 am

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Thu Oct 10, 2019 9:44 am

They will go out of business because they don't have the money to continue operations.
L101, 733/4/5/8, 741/2/3 (never managed 744!), MD 80/2/3/8/90, MD11, DHC8/3/Q4, E170, E195, 757, 77W, 763/4, Travel Air 2000. A300/310, A319/320/321, A333, ATR-72, probably a few others I forget. Passenger, not pilot, alas! BUD based.
 
lalib
Posts: 88
Joined: Wed Feb 10, 2010 8:48 am

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Sun Oct 13, 2019 9:04 am

Thai airways maybe
 
737tanker
Posts: 366
Joined: Fri Dec 30, 2005 2:47 am

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Sun Oct 13, 2019 11:29 am

Southwest because the MAXs are still grounded and the NGs will probably be grounded due to the cracks being found in the “Pickle Forks”
 
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FlyRow
Posts: 724
Joined: Mon Mar 21, 2016 10:05 pm

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Sun Oct 13, 2019 5:33 pm

I wonder about TUI Europe (different airlines, same problem), MAX groundings really hurting then, and the margins on holiday package flights where really thin already.
F70-F100-RJ85-RJ70-E190-319-320-321-733-734-735-737-738-752-753-763-764-772-744-380
 
FriscoHeavy
Posts: 1603
Joined: Tue May 27, 2014 4:31 pm

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Sun Oct 13, 2019 7:30 pm

737tanker wrote:
Southwest because the MAXs are still grounded and the NGs will probably be grounded due to the cracks being found in the “Pickle Forks”


That’s a joke, right?
Whatever
 
ei146
Posts: 262
Joined: Sat Jan 09, 2010 9:54 pm

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Mon Oct 14, 2019 6:34 am

If I knew I'd be reach already and not waste my time reading aviation forums.
 
Blerg
Posts: 2368
Joined: Tue Jan 09, 2018 11:42 am

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Fri Oct 18, 2019 11:43 am

Adria Airways went bankrupt a while ago. I think Croatia Airlines will go bust in the next year or two.
 
dtw2hyd
Posts: 7116
Joined: Wed Jan 09, 2013 12:11 pm

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Fri Oct 18, 2019 11:51 am

Here are my predictions for India

For political and financial reasons
Air India(in 2020). No one will buy even with just $1.4 billion debt and the government insists on claiming to achieve a disinvestment goal of $8B thru shutdown.

For political reasons
Indigo(prior to 2024). Reasons: Infighting and powers of the country seem to be working against them.
If Indigo survives SpiceJet will go down after 2024. Reasons: Its balance sheet is balanced on a heavy tax write-offs. Without political support, it will go belly up.

For financial reasons
Vistara is loss-making, already has debt, and the induction of widebodies could go really wrong in India and follow Jet Airways path. I hope they tread the debt waters carefully.
 
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Spiderguy252
Posts: 1098
Joined: Mon Feb 02, 2009 10:58 am

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Fri Oct 18, 2019 1:17 pm

dtw2hyd wrote:
Here are my predictions for India

For political and financial reasons
Air India(in 2020). No one will buy even with just $1.4 billion debt and the government insists on claiming to achieve a disinvestment goal of $8B thru shutdown.

For political reasons
Indigo(prior to 2024). Reasons: Infighting and powers of the country seem to be working against them.
If Indigo survives SpiceJet will go down after 2024. Reasons: Its balance sheet is balanced on a heavy tax write-offs. Without political support, it will go belly up.

For financial reasons
Vistara is loss-making, already has debt, and the induction of widebodies could go really wrong in India and follow Jet Airways path. I hope they tread the debt waters carefully.


My money is actually on GoAir to go bust before anyone else.
Vahroone
 
J343
Posts: 250
Joined: Sun Jan 13, 2008 3:40 am

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Fri Oct 18, 2019 4:15 pm

Malaysia Airlines (I hope not despite putting me through hell, they have a decent onboard product)

Garuda Indonesia - Couldn't make their mind up about Europe. Too many B77Ws.

Philippine Airlines - FSC? LCC? Hybrid? Who knows?? Competing with ME3, CX, SQ for PH-Europe market but I just don't see their potential.
 
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chepos
Posts: 6805
Joined: Sat Dec 02, 2000 9:40 am

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Fri Oct 18, 2019 7:32 pm

These threads make me wonder, do we enjoy seeing airlines grounded and people out of jobs?


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Fly the Flag!!!!
 
leftcoast8
Posts: 155
Joined: Wed Aug 03, 2016 12:59 am

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Fri Oct 18, 2019 9:24 pm

My money is on Thai Airways and Malaysia Airlines, given how much government meddling there has been in each.
 
Turnhouse1
Posts: 162
Joined: Tue Jun 16, 2015 5:57 pm

Re: What airlines will go bankrupt next? And why will they go bankrupt?

Sat Oct 19, 2019 8:45 am

Thomas Cook's problem was largely debt from mergers 10 years ago rather than operational losses. So looking for airlines with high debt loading which might be difficult to refinance is likely to be a good indicator, though massive operational losses aren't a good sign either. TUI and Jet2 are probably some of the more solid airlines now, as I don't believe they are over leveraged and the removal of a competitor will improve their margins, both are indeed looking at expansion to fill the gaps left by TCX.

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